New Medicare-X Choice Health Plan: Lower Costs, Wider Access
This bill introduces a new public health plan called Medicare-X Choice, which will be available to citizens on health insurance exchanges. The goal is to provide access to high-quality healthcare at lower costs, especially in areas with limited competition. The changes also include expanding tax credits for health insurance and strengthening antitrust enforcement in the healthcare market.
Key points
A new public health plan, Medicare-X Choice, will be gradually available to all citizens by 2025, offering low-cost, quality care.
The plan will be accessible through health benefit exchanges, prioritizing areas with limited insurers or high healthcare costs.
Tax credits for health insurance will be expanded, potentially reducing premium costs for many households.
Antitrust enforcement in the healthcare sector will be strengthened to increase competition and lower prices.
Healthcare providers participating in Medicare or Medicaid will generally be required to participate in Medicare-X Choice, with an opt-out for exceptional circumstances.
The plan will cover primary care services with no cost-sharing, and reimbursement rates will be based on Medicare rates, with drug price negotiation.
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